MMJ Business Daily

San Diego Shutters 18 Illegal Dispensaries

San Diego is continuing to crack down on dispensaries it deems illegal as the first licensed medical shop prepares to open in the city. Officials have shut down 18 marijuana dispensaries this year, including one that tried to reopen multiple times in two weeks, according to news reports. About 250 unlicensed dispensaries have been shuttered […]

San Diego Shutters 18 Illegal Dispensaries is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Oregon Marijuana Advocacy Group to Include Dispensaries

The Oregon Growers Political Action Committee has a new moniker. Now, it’s officially known as the Oregon Cannabis PAC, a reflection of the group’s attempt to grow its membership base and become more inclusive of other types of businesses. Specifically, medical marijuana dispensaries. “What we have found is that our interests overlap in so many […]

Oregon Marijuana Advocacy Group to Include Dispensaries is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Branding Becoming Bigger Part of Cannabis Industry as Companies Look to Expand

By Tony C. Dreibus Brand marketing has finally become a buzzword in the cannabis industry as a growing number of companies look to expand across city, state and even international boundaries. In the past, many dispensaries, retail stores, infused products businesses and even growers relied primarily on word-of-mouth in their local communities, online listing Read […]

Branding Becoming Bigger Part of Cannabis Industry as Companies Look to Expand is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Ohio Group Predicts $2.2B in Sales if State Legalizes Marijuana

A group seeking to legalize both medical and recreational marijuana in Ohio estimates that annual retail cannabis sales could hit $2.2 billion by 2020 if its measure passes this November. It also predicts that cultivators and processors will generate nearly another $2 billion in annual revenues by then, while the state could see up to […]

Ohio Group Predicts $2.2B in Sales if State Legalizes Marijuana is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Marijuana Zoning Proposal Creates Questions in Oregon

Marijuana growers in one Oregon county may face stringent new zoning rules that would limit where they can cultivate, but such a move could violate the state’s recreational cannabis law and land use regulations. Commissioners in Linn County are weighing a proposal that would limit grow sites to light industrial or commercial zones in a […]

Marijuana Zoning Proposal Creates Questions in Oregon is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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1st American Indian MJ Trade Group Launches

The nation’s first marijuana trade organization for Native American tribes officially launches today. The National Indian Cannabis Coalition says it’s goal is to “inform and educate tribal leaders” on the ins and outs of the legal marijuana industry and to serve as an educational resource on MJ economic development opportunities The federal government said in […]

1st American Indian MJ Trade Group Launches is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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CO Cannabis Companies Adopting New Marketing Strategies

Forced to operate under strict regulations that hamper marketing opportunities, some Colorado cannabis companies are getting creative. One medical marijuana dispensary sponsored a musical production of “Reefer Madness” to the tune of $2,000 in exchange for the opportunity to get its logo on promotional materials for the show. Another example: Marijuana businessman Tim Cullen of […]

CO Cannabis Companies Adopting New Marketing Strategies is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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FDA Warnings Could Signal Start of Heavier Scrutiny on Cannabis Industry

By John Schroyer In late February, the U.S. Food and Drug Administration sent stern letters to six companies peddling CBD products over what the agency said were unfounded medical claims. The letters charged that the companies “misbranded” the products and warned that failure to correct the violations “may result in regulatory action without further notice, […]

FDA Warnings Could Signal Start of Heavier Scrutiny on Cannabis Industry is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Medical Marijuana Legalization Bill to be Introduced in U.S. Senate

A measure to legalize medical cannabis at the federal level will be introduced in the U.S. Senate on Tuesday, and the news has marijuana proponents celebrating. “This is a significant step forward when it comes to reforming marijuana laws at the federal level,” Dan Riffle, director of federal policies at the Marijuana Policy Project, said […]

Medical Marijuana Legalization Bill to be Introduced in U.S. Senate is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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Australian Firm Buys Big Stake in Canadian Marijuana Grower

An Australian mining firm has purchased a substantial stake in a Canadian medical cannabis business for cash and stock options. Capital Mining said it paid $7 million in cash plus $25 million in stock options for 49% of Broken Coast Cannabis, one of 14 cultivators that hold a distribution license in Canada. The mining company […]

Australian Firm Buys Big Stake in Canadian Marijuana Grower is a post from: Marijuana Business Daily – Legal, Financial and Dispensary News

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